4560 Lott W Road Eight Mile, AL 36613

Listing agency IXL Real Estate LLC R***@gmail.com Show Phone

Listed by Rashmi Lumpkin Show Phone

Source Exitrealty

Added: Feb 7 Updated: Jul 10 at 11:59AM Checked: Jul 21 at 6:17AM

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Investment Insights

Based on property information with market context.

Located on West Lott Road in Eight Mile, within the Mobile MSA, this income property features six mobile homes generating rental income. The gross annual rent is $53,400, with annual expenses of $5,710, resulting in a net operating income of $47,690 and a cap rate of approximately 14.7%. The property spans 4.66 acres and is mostly clear and flat, offering the potential to add seven additional pads. Infrastructure includes an asphalt driveway, as well as existing power and water lines. This property offers strong cash flow, a high yield, and low overhead.

Key Highlights

• High Cap Rate: ~14.7%
• Strong Net Operating Income (NOI): $47,690
• Gross Annual Rent: $53,400

Property Analytics

Property Profile Location Intelligence

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FAQs

What type of property is this?

Mobile home & RV park - Income-generating mobile home park with expansion potential in Eight Mile.

Where is this mobile home & rv park located?

The property is located at 4560 Lott W Road Eight Mile, AL.

What is the asking price?

The asking price for this property is $325,000.

What are key features of this property?

This property features: High Cap Rate: ~14.7%; Strong Net Operating Income (NOI): $47,690; Gross Annual Rent: $53,400